Definition:
The Home & Laundry Care market covers cleaning products used for private households. This market only takes into account consumable detergents for use in private households (B2C). Auxiliary cleaning equipment (e.g., mops and brooms) are not included. Professional products for industry use or household cleaning services (B2B) have also not been included.
Structure:
Home & Laundry consists of 4 different markets:
Additional Information:
The market comprises revenue, average revenue per capita, sales channel. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
Notes: Data shown is using current exchange rates. Data shown does not yet reflect market impacts of Russia-Ukraine war, we are currently working on an update.
Most recent update: Jun 2024
Source: Statista Market Insights
Most recent update: Jun 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Jun 2024
Source: Statista Market Insights
The Home & Laundry Care market in Eastern Asia is witnessing mild growth, influenced by factors such as an increasing focus on hygiene, growing disposable incomes, and the rising demand for eco-friendly products, which enhance consumer convenience and satisfaction.
Customer preferences: In the Home & Laundry Care market in Eastern Asia, consumers are increasingly prioritizing sustainability, leading to a surge in demand for eco-friendly cleaning products and packaging. Additionally, the rise of urbanization and smaller living spaces has prompted a preference for compact, multifunctional appliances that save space and time. Furthermore, younger demographics are gravitating towards brands that emphasize transparency in ingredient sourcing and ethical practices, reflecting a cultural shift towards responsible consumption and a greater awareness of environmental impact.
Trends in the market: In Eastern Asia, the Home & Laundry Care market is experiencing a notable shift towards sustainability, as consumers increasingly demand eco-friendly products that minimize environmental impact. Countries like Japan and South Korea are seeing a rise in biodegradable packaging and plant-based cleaning agents. Urbanization trends are driving the popularity of compact, multifunctional appliances designed for smaller living spaces, enhancing convenience for busy lifestyles. Additionally, younger consumers are favoring brands that prioritize transparency, ethical sourcing, and social responsibility, reflecting a broader cultural movement towards conscious consumption. This evolution presents significant opportunities for industry stakeholders to innovate and align their offerings with these emerging consumer values.
Local special circumstances: In Eastern Asia, the Home & Laundry Care market is shaped by unique local factors that influence consumer preferences and purchasing behaviors. In Japan, for instance, the cultural emphasis on cleanliness and order drives demand for high-quality, efficient cleaning products, while strict regulations encourage the use of environmentally friendly ingredients. In South Korea, rapid urbanization and high-density living spaces have led to a surge in compact, multifunctional appliances that cater to smaller households. Additionally, traditional values around sustainability resonate strongly with younger consumers, pushing brands to adopt eco-conscious practices and transparency in their product offerings.
Underlying macroeconomic factors: The Home & Laundry Care market in Eastern Asia is significantly influenced by macroeconomic factors such as consumer spending patterns, urbanization rates, and environmental regulations. Economic stability in countries like Japan and South Korea has led to increased disposable income, allowing consumers to invest in premium cleaning products and smart appliances. Additionally, fiscal policies promoting sustainability and eco-friendly practices are encouraging manufacturers to innovate and align with consumer preferences for greener products. Furthermore, the rising trend of e-commerce in the region facilitates access to a wider range of products, enhancing market growth amid shifting shopping behaviors.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on home and laundry care products. The market encompasses cleaning products designed for private households, including laundry care, household cleaners, dishwashing detergents, and polishes, room scents & insecticides.
Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and consumer spending. This data helps us estimate the market size for each country individually.
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, regression analysis and Monte Carlo simulations are particularly suited for forecasting in the Home and Laundry Care market, due to the unpredictable variability and complex dynamics in consumer behavior and product adoption. The main drivers are GDP and consumer spending.
Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.
Notes: Based on IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights